iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that seeks to track the investment results of the MSCI ACWI Select Agriculture Producers Investable Market Index, composed of global equities of companies primarily engaged in agriculture production activities. The fund provides exposure to companies involved in farm machinery and equipment, fertilizers and agricultural chemicals, seeds, farm and agricultural services, and packaged foods and meats, excluding manufacturers of finished products reliant on agricultural commodities as raw materials; top holdings include Deere & Company (24.94%), Corteva (8.91%), Archer-Daniels-Midland Company (6.25%), Nutrien (5.76%), and CF Industries Holdings (2.84%). It invests across developed and emerging markets worldwide, with at least 40% exposure to issuers outside the United States, utilizing a representative sampling technique across diversified market capitalizations in growth and value stocks.
Launched on January 31, 2012, and domiciled in the United States, VEGI is managed by BlackRock, Inc., through its iShares brand, with an expense ratio of 0.39% and assets under management of approximately $90 million. The fund passively tracks its benchmark, which is reviewed quarterly, and does not pursue a sustainable, impact, or ESG investment strategy.
Prior to December 29, 2022, the fund operated under the name iShares MSCI Global Agriculture Producers ETF, reflecting a rebranding to its current designation. No significant acquisitions, funding rounds, partnerships, new product launches, or major strategic expansions have been reported for the fund in the last 1-2 years, with ongoing focus on index tracking amid global agricultural market dynamics.